Business

Business

Depleting oil, gas reserves to affect energy security in Pakistan

"The depletion of oil and natural gas reserves, especially in Pakistan, will reduce energy security sustainability in the region, although…

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Dar says talks in August to bring back $200bn from Swiss banks

Federal Minister for Finance, Senator Ishaq Dar said yesterday that talks will be held with Swiss authorities in August to…

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Cyprus pledges to tackle bad debt

Bailed out Cyprus has vowed to tackle its mountain of bad debt after the cabinet approved proposals to reform legislation…

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Dollar gains against Yen

The dollar edged back against the yen in Asian trade Thursday after surging to a near four-month high in US trade in…

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Microsoft under antitrust investigation in China

Microsoft said earlier yesterday it was under investigation by antitrust authorities in China, pledging to cooperate in the investigation. “We…

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Global business travel spending to hit record $1.18tr in current year

Global business travel spending will reach a record $1.18 trillion this year, up nearly 7 per cent from 2013, bolstered…

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Yukos international court ruling

An international court ordered Russia on Monday to pay Yukos shareholders a record $50 billion compensation over its seizure of…

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SBP releases Rs64bn cash to cope with Eid withdrawals

Eid spending turned into heavy withdrawal from banks which created a cash crunch in the banking system, forcing the Central…

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Stocks down by 160 points as bears rule the roost

Stocks were badly battered yesterday as investors ran for cover ahead of the long Eid holidays. The KSE-100 index declined…

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